Asia-Pacific Vending Machine Market Databank
The Vending Machine market was valued at $30,970.0 Million in 2020, and is projected to reach $57,330.5 Million by 2029 growing at a CAGR of 7.13% from 2021 to 2029. Offices segment is expected to be the highest contributor to this market, with $14,409.7 Million in 2020, and is anticipated to reach $26,836.9 Million by 2029, registering a CAGR of 7.20%. Offices and Public Places segments collectively expected to account for about 75.3% share of the Vending Machine market in 2020, with the former constituting around 46.5% share. Offices and Commercial Places segments are expected to witness significant growth rates at a CAGR of 7.20% and 7.18% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 64.5% in the overall Vending Machine market in 2020, and is anticipated to reach 64.8% by 2029.
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